Hustler Casino
Encyclopedia
Larry Flynt's Hustler Casino is a casino
in Gardena, California
located approximately 15 miles (25 km) south of Downtown Los Angeles. It is owned by Hustler magazine
publisher Larry Flynt
through his El Dorado Enterprises holding company. It has been in operation since June 22, 2000. Of all of Larry Flynt's businesses the Hustler Casino is the most profitable, earning over $20 million annually . The Hustler Casino was built on land that was formerly occupied by the El Dorado Club which Flynt purchased in 1998 for $8 million dollars.
A major expansion was completed in February 2007 which included The Crystal Room which serves as a combination card room, conference room
and poker tournament
site.
Since 1997, Flynt has hosted "the biggest seven-card stud
game in the world"; the game started at Flynt's home but moved to his casino when it opened. As of April 2007, the minimum buy-in
is $200,000, with $1000 antes and stake
s of $2,000-$4,000. Unlike most high-stakes
ring game
s, Flynt's game is held in a corner of the casino's main poker room floor. Regulars at the table include Phil Ivey
, Barry Greenstein
, and Ted Forrest
. Another regular was Chip Reese
before his death.
Casino
In modern English, a casino is a facility which houses and accommodates certain types of gambling activities. Casinos are most commonly built near or combined with hotels, restaurants, retail shopping, cruise ships or other tourist attractions...
in Gardena, California
Gardena, California
Gardena is a city in Los Angeles County, California, United States. The population was 58,829 at the 2010 census, up from 57,746 at the 2000 census.-Geography:Gardena is located at ....
located approximately 15 miles (25 km) south of Downtown Los Angeles. It is owned by Hustler magazine
Hustler
Hustler is a monthly pornographic magazine aimed at men and published in the United States. It was first published in 1974 by Larry Flynt. It was a step forward from the Hustler Newsletter which was cheap advertising for his strip club businesses at the time. The magazine grew from a shaky start to...
publisher Larry Flynt
Larry Flynt
Larry Claxton Flynt, Jr. is an American publisher and the president of Larry Flynt Publications . In 2003, Arena magazine listed him as the number one on the "50 Powerful People in Porn" list....
through his El Dorado Enterprises holding company. It has been in operation since June 22, 2000. Of all of Larry Flynt's businesses the Hustler Casino is the most profitable, earning over $20 million annually . The Hustler Casino was built on land that was formerly occupied by the El Dorado Club which Flynt purchased in 1998 for $8 million dollars.
A major expansion was completed in February 2007 which included The Crystal Room which serves as a combination card room, conference room
Conference hall
A conference hall or conference room is a room provided for singular events such as business conferences and meetings. It is commonly found at large hotels and convention centers though many other establishments, including even hospitals, have one. Sometimes other rooms are modified for large...
and poker tournament
Poker tournament
A poker tournament is a tournament where players compete by playing poker. It can feature as few as two players playing on a single table , and as many as tens of thousands of players playing on thousands of tables...
site.
Since 1997, Flynt has hosted "the biggest seven-card stud
Seven-card stud
Seven-card stud is a variant of stud poker. Until the recent increase in popularity of Texas hold 'em, seven-card stud was the most popular poker variant in home games across the United States, and in casinos in the eastern part of the country. Two to eight players is common, though eight may...
game in the world"; the game started at Flynt's home but moved to his casino when it opened. As of April 2007, the minimum buy-in
Buying in (poker)
In poker and gaming "buying in" is the process of entering a tournament that requires an up-front payment. The size of the payment, otherwise known as the "buy In", determines the total winning prize pool and also contains a fee, otherwise known as the rake, that is paid to the house.For example, a...
is $200,000, with $1000 antes and stake
Stake
Stake may refer to:* @stake, a computer services company* Equity stake, a share or interest in a business or investment* "Stake", a tent peg* Stake -Military:* Sudis , a fortification carried by Roman legionaries...
s of $2,000-$4,000. Unlike most high-stakes
High roller
A high roller, also referred to as a whale in the casino industry, is a gambler who wagers large amounts of money. High rollers often receive lavish "perks" from casinos to lure them onto the gambling floors, such as free private jet transfers, limousine use and use of the casinos' best suites...
ring game
Ring game
Ring game may refer to:*Ring game , a general class of multi-player pocket billiards gambling games*Ring game, a.k.a. cash game, a poker game played with "real" chips and each player's own money at stake, as opposed to a poker tournament with a prize money pool...
s, Flynt's game is held in a corner of the casino's main poker room floor. Regulars at the table include Phil Ivey
Phil Ivey
Phillip Dennis "Phil" Ivey Jr. is an American professional poker player who has won eight World Series of Poker bracelets, one World Poker Tour title and appeared at nine World Poker Tour final tables...
, Barry Greenstein
Barry Greenstein
Barry Greenstein is a professional poker player. He has won a number of major events, including three at the World Series of Poker and two on the World Poker Tour. Greenstein donates his profit from tournament winnings to charities, primarily Children, Incorporated, earning him the nickname "the...
, and Ted Forrest
Ted Forrest
Ted Forrest is an American professional poker player, currently residing in Las Vegas, Nevada.- Tournament Wins:...
. Another regular was Chip Reese
Chip Reese
David Edward Reese , more commonly known as Chip Reese, was an American professional poker player and gambler from Centerville, Ohio...
before his death.